Eric Schmidt on innovation and cities and connectivity

Inside the mind of Eric Schmidt | Alan Rusbridger | Technology | "Schmidt on the power of connectivity - I would argue that Google and the internet enable people to move up the supply chain. So people, instead of doing rote work, can do more creative work. More creative work requires more jobs, more fees, and so forth. Agriculture is getting mechanised, which has been true for hundreds of years; people are moving to cities. Cities are more productive than rural farming anyway; they are more connected. Creativity will drive innovation, innovation will drive new businesses, new jobs, and so forth. That's how economics works. That is the story of the British industrial revolution. If governments stay out of the way and allow this connectivity to occur, the core human creativity, this passion for making the world a better place, takes over."

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